Calculate the average daily balance and finance charge


Calculate the average daily balance and finance charge. (Round your answers to the nearest cent.) 30-day billing cycle 9/16 Billing date Previous balance $ 2,000 9/19 Payment $ 60 cr. 9/30 Charge: Home Depot 1,500 10/3 Payment 60 cr. 10/7 Cash advance 70 Finance charge is 1formula169.mml on average daily balance. Average daily balance $ Finance charge $

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Financial Management: Calculate the average daily balance and finance charge
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